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❓ASK How you started trading and what were your first results in tradung

Qwertu100

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I did trading back in 2015 back when I had $200 and I did picked up some wrong trades and though I followed a mentor but his trades in last felt wrong and made all of followers a 30-40% loss in a month

Most of us were from middle class families and we had to stop trading since we couldn't kept that going despite our tries and that was our experience and mine as well

How you tried and your first experience ?
 

Marcelino1

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yeah flunctuation is really inevitable ,that's why at times we see Bitcoin dropping and rising ,most times the risk level isn't certain , there are really some things that we need to note regarding cryptocurrency , we need to know the best possible ways to trade it and others , so that we won't panic if there are huge falls incoming
Having proper knowledge of how to trade bitcoin and other cryptocurrencies is very important if you want to succeed on it on the long run.

This is why it is recommended that you learn technical and fundamental analysis so that you can be able to predict the market to an extent.

Generally, the crypto market is sometimes unpredictable but with the knowledge of these two you can make profit.
 

Wisdom01

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Having proper knowledge of how to trade bitcoin and other cryptocurrencies is very important if you want to succeed on it on the long run.

This is why it is recommended that you learn technical and fundamental analysis so that you can be able to predict the market to an extent.

Generally, the crypto market is sometimes unpredictable but with the knowledge of these two you can make profit.
to be able to trade on the market ,as a trader the person needs to learn vey well about market situation , he or she should know that crypto currency is very unpredictable , it comes with risk ,if the person can't manage the risk ,then he or she should not invest ,so the loss won't be much for him
 

Marcelino1

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to be able to trade on the market ,as a trader the person needs to learn vey well about market situation , he or she should know that crypto currency is very unpredictable , it comes with risk ,if the person can't manage the risk ,then he or she should not invest ,so the loss won't be much for him
Yes, I have been in a certain cryptocurrency group on telegram before and the kind of emotions some people bring their makes me to wonder who advised them to venture into a cryptocurrency.

If you want to invest in cryptocurrency you should know that it is not a get-rich-quick scheme and there is no assurance that you will make money.

It is all about understanding market sentiment and having some necessary skills like technical and fundamental analysis. Knowing when to take your profit is also important.
 

Ridorz

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I have gained a more experience in crypto trading, and it's clear to me that crypto trading is not for anyhow person. When I started crypto trading I thought that it was simple and easy to earn from and thought that I can become a millionaire within a month until when I lose my money then.
 

Skysaint

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I started trading with Binance wallet and my first experience was a nice one. It motivated me to trade more due to the profit but as time goes one, I began to learn the reality of trading which wasn't an all-through smooth experience but I was never discouraged. I kept pushing and somehow I am better than when I started.
Binance I'd a good place to start actually but when I started trading, I didn't know about the binance exchange platform nor now to go about trading in the site.
I invested in a lot of scam wallets that took my money and some, my money are still stuck in them like the roqqu wallet. I really did face so much challenges with trading before I discovered the right way to go about the whole thing.
 

Josemendez

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Binance I'd a good place to start actually but when I started trading, I didn't know about the binance exchange platform nor now to go about trading in the site.
I invested in a lot of scam wallets that took my money and some, my money are still stuck in them like the roqqu wallet. I really did face so much challenges with trading before I discovered the right way to go about the whole thing.
Roqque is a legit wallet so if your money is stucked there , you can still get it out. You just need to follow their instructions. You can as well tell me the issue you are facing , perhaps I can be of help to you.
It is normal in the crypto space for one to get scam during his early days especially when there is no guidance. I am happy you have learnt your lesson.
 

Skysaint

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Roqque is a legit wallet so if your money is stucked there , you can still get it out. You just need to follow their instructions. You can as well tell me the issue you are facing , perhaps I can be of help to you.
It is normal in the crypto space for one to get scam during his early days especially when there is no guidance. I am happy you have learnt your lesson.
I don't think so. The app doesn't do the basic things that defines a cryptocurrency wallet which is sending in coin into the wallet and taking it out of the wallet.
When you send cryptocurrencies to roqqu, it normally do take days, weeks and in most cases months to reflect on your wallet and I did face the same challenge. So right now I am even afraid to send out my coins because it could be lost forever.
 

Josemendez

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I don't think so. The app doesn't do the basic things that defines a cryptocurrency wallet which is sending in coin into the wallet and taking it out of the wallet.
When you send cryptocurrencies to roqqu, it normally do take days, weeks and in most cases months to reflect on your wallet and I did face the same challenge. So right now I am even afraid to send out my coins because it could be lost forever.
If this is the issue then it is possibly because they have internal issues . I know some friends who use Roqque wallet for their cryptocurrency transaction and they have not experienced much set backs. The delay is usually not beyond 24 hours and no coin is lost provided you followed their procedures especially for assets that have Memo
 

Skysaint

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If this is the issue then it is possibly because they have internal issues . I know some friends who use Roqque wallet for their cryptocurrency transaction and they have not experienced much set backs. The delay is usually not beyond 24 hours and no coin is lost provided you followed their procedures especially for assets that have Memo
So my question is, is there a particular crypto coin tht must be used to send out and receive coins and assets?
Because the truth is that they are doing very bad and their transactions take more than twenty four hours. If you want to understand what am saying, you should probably go read their reviews on play store and see for yourself. Many are already calling them scammers and I wouldn't blame them as it appears to be so.
 

achawaskey

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My experience I was out of job, and looking for something to keep me busy, while l look for another job. Then I heard about a Brooker conducting seminar in forex trading, and I had to give it a trial, unfortunate for me I won $100 riffle draws to be used as a start up in your account. I didn't realise there are other things I needed to know in forex trading, within few days I jumped into live trading after trading with demo only 2 or 3 days, the end point is that I lose the $100 and it was after the lose I realised there are other things I needed to know.
 

a_jerobon

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I have never tried trading before, both cryptocurrency and forex. I have not just developed the interest to do the trading.

Also, I have learnt that I cannot just jump into starting the trading when I have not even taken time to learn how to trade. So I steer clear for I might make losses.

More over, I currently don't have money that I can afford to invest in them. When I start earning better, I might consider learning the trading process.
 

Josemendez

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So my question is, is there a particular crypto coin tht must be used to send out and receive coins and assets?
Because the truth is that they are doing very bad and their transactions take more than twenty four hours. If you want to understand what am saying, you should probably go read their reviews on play store and see for yourself. Many are already calling them scammers and I wouldn't blame them as it appears to be so.
Ofcourse they have bad review on playstore because of low transaction speed and delay in support response. But people still manage them because it helps them to be able to convert some of their cryptocurrency to fiat currency. You just need to find way to move out your money
 

Skysaint

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Ofcourse they have bad review on playstore because of low transaction speed and delay in support response. But people still manage them because it helps them to be able to convert some of their cryptocurrency to fiat currency. You just need to find way to move out your money
Well there are other ways to do it if the issue is about converting cryptocurrencies to fiat money. I could do that using the peer to peer transaction method or even go about it the offline way.

I really want to move my coins out from the wallet but I an afraid I would lose my coins. So am just hoping they would solve the issues soon so I can do my thing without worries.
 

Ofonime

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Getting started with the forex market business is not always hard its require that you open a demo account practice from there and understand how to use the demo account wisely you also need to download the mt4 and the mt5 terminal which you will be using to trade.

If your knowledge and skills is not enough then why not seek for advice from the professional they will definately be of better position to guide you through.
 

amgad100100

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I have stared in 2006 by seeing some Forex advertisements when i was looking to make money on internet , the first thing attracted me to know about Forex is my passionate of exchange markets and how it becomes easy to join with low amount of money also join by you pc only , i have learned a lot about Forex market and after 3 months i joined my first Forex company on internet actually i cant remember the name but it was one of the best brokers at that time , i have started with 250 $ and lost them all then 500 $ and 250 $ more finally lost them all , after few years i turned back to forex trading but i haven't withdraw more than 200 $ and that was my best result , now I'm join binary option site and it seems to me faster result than forex market whether in win or loss .
 

rush08

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My first time trading in the forex market was not really a bad experience. I had some few days of trading with my demo trading account and after I thought I could start earning money and I funded my live account.
My first day in trading, I followed instructions of my tutor and was able to make some profits.
The next day I started to do it my way by running running several trade at a time and it consumed my account....
 

HUSTLER77

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I have been trading Forex and options for the last six years now and I remember when i had just started trading for the first month I had to face some losses. It was due to that fact that at the beginning any new trader has to try out their trading strategy practically and sometimes it doesn't work best for you or maybe you make minor mistakes because you are new. I am not alone infact many professional and experienced traders have to face some losses while starting out and you can only become the greatest after learning from your mistakes
 

btaliat

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I started trading in 2021 and to be realistic, it was a bitter sweet experience because I lost all what I gained within a month and ever since then, I have stopped trading. Now I prefer keeping my assets till I am sure of the signal from an expert trader or else I will be keeping my assets for the future
 

Skysaint

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I started trading with about just ten dollars if not less than that and my trading skill was of course that of a starter. I actually didn't want to make money from that amount but just to know how the market works because I didn't have the opportunity to get a mentor for it.

But as I got acquainted with the cryptocurrency space, I then invested so much to it and it has do far been a success.
 

TAH123

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So, I started forex in 2020. I was totally free as everything was closed due to covid 19 pandemic. So, one of my friends told me that he does forex trading and gave me some basic knowledge about it. And then I started trading. My first trade was like 10$ and I guess I made a loss of 7 or 8$. And then I did research and gained some knowledge and keep trying. Eventually I made some profits!
 

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